1080 E 260th Street, Euclid, OH 44132

Property Description

Take advantage of this unique mixed-use commercial investment opportunity in Euclid, offering existing rental income and additional value-add potential. The first floor is currently occupied by a functioning bar generating $4,500 per month on a month-to-month lease, providing immediate cash flow. The building also offers additional space with potential for a future bar, restaurant, lounge, entertainment venue, or other commercial use. The upper portion includes a spacious 3-bedroom, 1-bathroom apartment that would benefit from cosmetic renovations, creating additional rental income potential. Estimated market rents include approximately $3,000 per month for the second-floor space and $1,200 per month for the third floor. The owner recently invested approximately $20,000 into a new HVAC system, replacing the previous boiler, along with new vinyl windows throughout the building. The property also features a large parking lot, making it well suited for a high-traffic commercial or entertainment venue. Conveniently located directly off the highway with easy access to I-90, the property is near major employers, including Amazon, as well as major roads, public transportation, shopping, restaurants, and other local amenities. With an established tenant already producing income, multiple potential revenue streams, recent improvements, ample parking, and additional value-add opportunities, 1080 E 260th St offers investors both immediate cash flow and strong future potential! No wholesalers. No Seller financing. No low ball offers.